if google's a monopoly crumbles you as a versus google, why should you care? you could get better search results on more tailored search engines that could be more precise in your language or to have a more relevant results for your region. examples for that already exist like me, but in south korea. at the moment though, only a few companies don't have to step into that field. why? possibly? because uses up too lazy. google is pre installed on android phones from samsung, lenovo, or l g. even apple s google search, and it's safari. browse that by default wife, that's so because google pays billions of us dollars each year to devise make us and browse up developers according to the us department of justice, all the o j plus all the use of data. a google connects create an even bigger advantage for the tech giant deal j a tony class. this has been going on for years. this feedback loop. this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice set that makes it really hard for us to compet

if google's a monopoly crumbles, you as a versus google, why should you care? if you could get better search results and more tailored the search engines? they could be more precise in your language or to have a more relevant results for your region. examples for that already exist, like may button south korea. at the moment though, only a few companies they have to step into that field. why? partly because use of up to lazy. google is preinstalled on android phones from samsung, lenovo, or l g. even apple as google search, and it's safari, browse up by default. why is that? so? because google pays billions of us dollars each year to devise make us and browse up developers. according to the u. s. department of justice, all b o j plus all the use of data google connects create an even bigger advantage for the tech giant deal. j a tony class. this has been going on for years. this feedback loop. this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice that, that makes it really hard for us

devices and google such as the default setting in many browsers using google. it's not a choice really. it's more like a reflex. that's why google is facing anti trust charges and it's home country to us know, make a say a tech giant if use it's dominance in the search engine market. here's what will happen on your screen if google's a monopoly crumbles. use a versus google. why should you care? if you could get better search results on more tailored search engines that could be more precise in your language, or to have a more relevant results for your region. examples for that already exist like may, but in south korea. at the moment they'll only a few companies, they have to step into that field. why? possibly? because uses are too lazy. google is preinstalled on android phones from samsung, lenovo, or l g. even apple s google search, and it's safari browser by default wife. that's so because google pays for millions of us dollars each year to devise make us and browse up developers according to the us department of justice, all the o j plus. all the use of d

if google's a monopoly crumbles, use a versus google. why should you care? you could get better search results and more tailored search engines that could be more precise in your language or to have a more relevant results for your region. examples for that already exist like me, but in south korea. at the moment though, only a few companies don't have to step into that field. why? possibly? because uses too lazy. google is pre installed on android phones from samsung, lenovo, or l g. even apple as google search, and it's safari browser by default bar step. so, because google pays billions of us dollars each year to devise make us and browse up developers according to the us department of justice, all the o j plus all the use of data. a google connects create an even bigger advantage for the tech giant a deal j a tony class. this has been going on for years. this feedback loop. this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice set that makes it really hard for us to compete. wha

does that google's decision? we have to move away from thinking of google ads as a vehicle to sell people. crap. it is the world's thoughts amassed it's 20 years, the world's thoughts amass, and it's used to sell people crap, but it can be used so much more. it can be used to solve a lot of the melodies that afflict our societies. the. the question here, the big one is, to what extent are we taking away people's autonomy? to what extent are we interfering with self determination? i am not concerned people would find out that they're being manipulated. if their life can be saved, if you can prevent someone from shooting their school up, if you can prevent them from continuing to use hired when i little care about how offending they might be finding out that their intent was swerved. if it can save them and others, then that's fine. the school revise. we'll see you guys next small of course that google knows what i'm going to do next, based on the dosh that they have from me. this name is that kind of takes away yo

wasn't google. the goal was to gain market, share it to us to gain or revenue with. i've seen that google is said to try to get the most data and uses and then think of okay, we really here to monetize this data later. although it wasn't a project and monetizing your, your search queries at sale that information about what you, what you've probably seen or not to advertise is often times we search for something on google without really thinking about it. it's rather mine lives. it's not that we have someone else in mind that we want to impress and that we want to kind of show how best sellers to. so google searches to some extent are incredibly intimate they're just training market is to exploit the, you know, the public's moments of uncertainty, discomfort, essentially to be there and your micro moment. that's how they dress that up. people don't want to believe it. they don't want to believe goals the marketplace. don't want to think it's this place when they can confess their needs desires. and y

and 98 percent of this website had a google tracker. so if you're visiting a page like this, google knows you're in a vulnerable maintenance. you're just trying to like get a sense of what's going on with you. and these companies, it's just profiting they're taking advantage of you need things, but they've been tricked of the out. industry is to say, we don't talk to press people, but people who have an interest in depression and tests and i can simply tell the system again. this is, here's a list of people who are depressed if i'm not to do people then and then say and find me. some of the people, items, gift cards in the store to information may not be literal health data as well. but it's the fact of health data, or they'll say, yes, we do have health data, but we never use it. and you can't prove that. we did expedite this with that and maybe you saw that ad because of something else i don't have to for i think. and it's very difficult to do such a company is it creates much been 5 gigs because we don't have the data. and most users

google is present on pretty much 90 percent off the web. so anywhere you go there is a high chance that there is a google or facebook tracker. google has basically your history of all the search you've done since you created your accounts. if you haven't turned that feature off, all of the places where you've been using google map for your entry, so all of the videos you've watched on youtube. so that's that, that is scary. i'm defining had this gun soldiers again with meeting my job to get it in ken implant up. hello, do you have you done? then she tells me it's you, she sold tie was this the clout that's spinning as a it'd be on the cloud was born in a small community of 720 people into the role of funding and some autoland habits since we're born there, except for 7 also or not, no, actually by now, that number must be 9, a distinctive people back home imagines that i'd get a job and one of the hotels until i had children was then if i wanted to prove to the male dominated wills that i can succeed of it that i moved in that house as if y

yes the google to work for them. what do you do for google? >> i am a software engineer. >> and you got an offer to join them full time? um, yep. okay. so i got to say, that's probably one of the number one things people are asking about based on those comments. how did an 18 year old land a job offer with google? how did it happen? tell us your journey. >> right? yeah, it's a bit of a long story. so i was when i was working on my startup, one of the things that we were pursuing was a case study with with amazon web services or aws. and one of the people i was working with on this case study, uh, reached out and said, hey, you know, i think you're doing some great work if you want to apply for a job at amazon, i'll refer you and so i thought, hey, you know, that's a great opportunity. i'll go ahead and do that. and that brought me back to, uh, remembering a, a uh, email. i got back, i think, in 2019, which was, was from a google recruiter. and when i told that google recruiter, hey, you know, i'm 13, right now, i can't really hold down a full

devices and google such as the default searching in many browsers using google. it's not a choice reading, it's more like a reflex. that's why google is facing antitrust charges and it's home country u. s. law. and make a say the tech giant abuse of dominance in the search engine market. here's what will happen on your screen. if google's a monopoly crumbles, you as a versus google, why should you care if you could get better search results and more tailored search engines that could be more precise in your language or to have a more relevant results for your region? examples for that already exist like me, but in south korea, at the moment though, only a few companies don't have to step into that field. why? partly because uses a tier lazy. google is pre installed on android phones from samsung, lenovo, or l g. even apple and google search and it's safari, browse that by default wife. that's so because google pays billions of us dollars each year to devise make us and browse up developers. according to the us department of justice, all the o j plus all the use o

shenaz:shenaz: the people, i have been at google for seven and i grew up with google and in my soundche but i do love the people that i work with. they push you to think well, they push you to do the right thing and that is what i enjoy about working at google, the people around us. caroline: one thing about your product, thank you for joining us. we have the director of product management for pixel at google. shenaz:shenaz: thank you for having me. we will --caroline: we will take a post of thevc industry -- we will taking a pulse of the vc injury -- industry. we will have elgin baylor -- morgan baller joining us. --morgan beller joining us. this is bloomberg. ♪ caroline: welcome back to bloomberg technology. let's get you up to speed where the markets are because we are bouncing back after yesterday's 1.8% drop on the nasdaq 100 and we are back up 1.1%. the jobs they could -- the jobs data plan hot yesterday and runs cooler today and does that mean we are driving back and is the pacing -- driving back anticipation on how far federal reserve has to bow back rates -- has to dial back

yeah. >> so google coding. google code jam is google's annual coding contest. it's for all ages developers all across the world and the semifinals rules require you to pass through two other separate rounds of increasing difficulty in order to reach the semifinals. okay. >> and then mit's battle code. i've heard of that. i know you're creating stuff in a short amount of time and your team came in second, so that's all great. but but in addition to that, you created an app, right ? something i don't know if it's similar to docusign, but it's a signing app. in fact, you're wearing the t shirt. what is that? what did you code? what is this? yes. >> rabbit sign is an unlimited free signing platform. and yeah, you're right. it's very similar to docusign. the main difference being that it's free. and i really started rabbits sig pand, you know, with social distancing happening, e signing was really becoming essential in order to conduct business, right? because you can't sign pen and paper contracts anymore. >> okay. that does make sense. but let me ask you, you crea

which paved the way for competitors like google.s that we're looking ahead to this morning in about an hour from now on the heavily indebted chinese property giant epigrams as it will be resuming trading its sharers in hong kong. it was announced last thursday its chief was suspected of crimes following the suspension of its sharers from trading that day. every grant has become a symbol of china's ballooning property sector crisis that has seen several high—profile firms settle in debt. it has fuelled fears about the country �*s wider economy and a possible spin over having a global impact. we are now into october and the final quarter of 2023, it is a good time to take stock of this year and see how the rest of it is likely to pan out in the financial market. chief economist simon baptist that investors have grown somewhat more optimistic about the global economy and its largest markets. , , ., , global economy and its largest markets. , , ., markets. the big summary for the global— markets. the big summary for the global economy _

and so, big picture here, the google story is intact. i haven't even talked about microsoft, because i'm just so surprised at google's reaction here. >> jgene, it's karen. thanks for being on. how do you think about the valuation of google here, and what penalty, or what do you put on the contra side for the doj lawsuit? >> so, i'm in dan's camp. he was outlining the valuation p perspective here. i think it's at the top of the most attractive,that's why at deepwater we own shares of google. it is, i think, the most attractive and probably the best positioned relative to the opportunity in a.i., so, karen, i think that the valuation is attractive. second in terms of just what's going on with, you know, this -- the risk to regulation is, this catches headlines, it's an important topic, but i don't think much is going to change. and don't have the time to go through the game theory in terms of how this most recent piece is going to change, relative to their ability to bid on placement within, like, safari, for example, but i think that -- i

you want to check out google hq without actually working at google? google is opening its doors to the public for free. scott budman takes us on a tour of the new visitor center. >> reporter: we figured we'd start here in the retail store. for the first time on the west coast, google has open add retail store. you can find all the pixels and nests you can possibly get your hands on if you feel like shopping. also, some software kind of. there is a cafeteria. the first time google has price tags on its food, so you can sample and have a meal. this is all part of google's newest head quarter building along shoreline boulevard in mountain view t's gigantic, tent-like. one of the interesting facts for you. 40% of all the energy use heard is actually generated by the building itself. things like solar panels on the roof. and the visitor center is that for folks like us who usually drive by google can now actually come onto campus, sample the food, see the technology and, if you're so inclined, even buy some of it. send it back to you. >> thank you, scott.

of google's dominant.dge in this case about how artificial intelligence could give google a larger lead in the search market. he basically said there is choice in the search market and it was a bogus idea. caroline: he has also been one of the key people in the drive to make things substantive in the world of search. they didn't get there and there might be lots of reasoning and blaming us to why that wasn't the case. suddenly, he will try to give context to the idea that maybe they could offer more money than -- two google than apple is currently potentially being offered to be a competitor in the space. ed: let's get more context from the bloomberg intelligence senior tech analyst. there is choice but is just the consumers are using one browser? >> to be honest, when i read the news, was laughing because only a few months ago, satya had a massive offense with the browser wars with openai and the ai for bing. the market cap took quite a bit of loss in the weeks to follow and now he says these guys have an

they sell those to google. bro broadcom's core business did get weaker, but it's stronger, bridging the gap, so the numbers are fine the core numbers are reset, so it makes numbers easier. and then we'll see if they close vmware next week or not. if they manage to close that, that's not in the ummers even without those numbers, the stock is cheap i'm look at texas instruments, such a bad day in the mark, but it's up. they thought q4 was just modelled wrong, and we thought they would trend down, and they actually guided eight or nine points below, and you can back it out they were implicitly guiding gross margins at 60% or lower. though, it was funny yesterday, the bundling was horrible, outperformed to the broader sector i think there were enough structural headwinds that i understand what they're doing, and why. i think the time frame is fine over the next 12 months, it makes it challenging >> is there a best stock in your orbit that not enough people were talking about >> people kind of talk about everything

but pave the way for competitors like google. we are now into 0ctober competitors like google.e are now into october and the final quarter of 2023 and it is a good time to really take stock of the year and see how the rest of it is likely to pan out in the financial markets achieve a good time to really take stock of the year and see how the rest of it is likely to pan out in the financial markets chief economy summit baptists as investors of grown more optimistic about the global economy and its largest markets. , ., , markets. the big economy right now is solid _ markets. the big economy right now is solid but _ markets. the big economy right now is solid but unspectacularl now is solid but unspectacular growth and we think the growth in 2024 will be transient 23% the same as each year. i think it's all we can expect next year to feel in the composition will differ a little bit in the us economy has surprise on the upside issue and the us forecast is now looking at crew or close to 2% as opposed to 0.3% is expected and that is a big positive change injapan is also had a very

google a little bit weak, netflix very strong. we're day paying attention to that, like google.t like the antitrust lawsuit. there is too much uncertainty f that comes back unfavorable for google there is lot of uncertainty about ad revenue and we don't like the uncertainty now. we think there are stronger stories than google. netflix would be one and microsoft as well. charles: the numbers are in for them. ironically the street liked them also. they sort of applauded those numbers. so you would be a buyer of those right now. what else is starting to stand out here? we've got amazon coming up. you posted a great chart showing them with respect to revenue no company can touch them but it was only recently this last quarter the stock went up but we saw three quarters in a row where the stock got hammered so it is hard to know, do you think they have gotten it back together? is this one name people should be comfortable in going into the close? >> the issue with amazon is aws and the same thing happened with google with google cloud is that is a.i. going to drive an acceleration li

we've had tesla down, net the flicks up, google -- netflix up, google down, our beloved microsoft uprday, i think adam hit the nail on the head, meta was up with their results. all of their results some uncertainty about the tush and the markets just slammed them -- about the future and the markets just slammed them. i think that roller coaster ride has put some extra worry into the market like adam mentioned earlier. stuart: okay. give me a big tech stock pick, one that you like. >> i like amazon after the earnings. i think they're going to come in a little light, a little softer than expected on the cloud side, stuart. that has been the death knell for google this week. so i believe they might get a further pullback that we could jump in and buy some more at a preferred price, and they're been lagging the other big techs this year anyway. stuart: all right. dip buying in amazon if, indeed, there is a dip. we'll see. thanks so much, d.r., see you soon. the opening bell is about to ring. they'll presses that little button, i can hear the bell right now. still got about three or tour

the microsoft chief executive blamed the sort of deals for making google so dominant.ppearing in person, he told a packed dc court that because of these default agreements you get up in the morning and you brush your teeth and search on google he said. thejustice department's case revolves around these deals, which ensure pretty much every smartphone sold in america comes out of the box with google search preinstalled. the microsoft boss said his company has invested more than $1 billion into the development of its own search engine, bing. it's also invested heavily in artificial intelligence and is considered a front runner. but he warned there were limits about how far ai could reshape the market. his appearance comes many years after the tech giants face its own monopoly case, which was settled back in 2001, which paved the way for competitors like google. we're into october in the final quarter of 2023, and this morning we are going to take stock of the year and see how the rest of it will likely pan out in the financial markets. our next guest believes investors h

google is not the product.y too big, they're that much better. rebecca: that is right but the rest of the testimony the past few weeks, it has focused on this idea of scale and how scale is essential to build that better search product so part of why willing to pay as much as it was to be the default on apple was they wanted to get the scale. it was perfect for them to lose money on the deal in the short term if they could have the user data to build a product that could really compete with google. the question in this case, one way of claim it is, is google better because it is big, or is google big because it is better? google wants you to think the latter. google wants you to think they are one and they are big because they have a better product. i think the government is trying to tell a different story saying you have to be big to be good to me ought to let other companies have a shot at becoming big. caroline: i suppose it does push us forward to and era google under competitive threat because of generati

the big stocks we're watching, google and microsoft.r the bell later on this afternoon. the opening bell is next. ♪ (adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. she runs and plays like a puppy again. his #2s are perfect! he's a brand new dog, all in less than a year. when people switch their dog's food from kibble to the farmer's dog, they often say that it feels like magic. but there's no magic involved. (dog bark) it's simply fresh meat and vegetables, with all the nutrients dogs need— instead of dried pellets. just food made for the health of dogs. delivered in packs portioned for your dog. it's amazing what real food can do. hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com co

i think that came later to google there's a tough period of time as i.t.ets churned, but it it was just earlier to the tool set, and they were lapping efficiency costs. >> thank you all we missed you yet. >> now i feel like i missed out. steve, julia, andrew, thank you all. >>> coming up, counting calories morgan stanley says the rise of weight-loss shots, will lead to less food consumption. who should benefit from all of this, other anth i guess the people, when "power lunch" returns? >>> the future for snack keys seems to look more stale our nest guest has two packaged food names that she's keeping an eye on pam, great to see you. whenever we reach the point that people start rolling their eyes about the hot new thing, whether it's chatgpt or the weight loss drugs, you know, it's worth remembering there will be a real impact here. we have already come to the point that nobody want to hear anymore about it, but you feel the impact will be very real. >> thanks for having me. we do see implications for the packaged food industry for the growthen anti-obesit

it's designed for the community to enjoy all google has to offer.let's go on a tour beginning with the huddle space where you can network with others or take free workshops. >> the space you see over the air is available for local guests, faculty, local communities, all kinds of organizations can book the space as well. for local events. >> and after the event, you can stop by their cafe. google says it runs on coffee. you could sit down and enjoy a cup or a treat. we have a variety of options that are designed to be very approachable, something that you could come in and if you're a part of the community, this this could become your local everyday breakfast stop. >> or you could meet friends here for lunch. >> but perhaps the most important piece of the google visitor experience is their first west coast brick and mortar store. in this room, you could learn to use and try out the latest google products from the new phones to watches to earbud to have this space for people to explore and touch and feel. >> all of our latest products is super excitin

that google is not about the cloud. google is about search it represents over 100% of their profits. the future of the company is dependent on the future of search google trading at a valuation that i think makes it look very interesting, very compelling we don't own it today. the risk to the top of the fudge at goog, meta, ai, chatgpt and others compete for those consumers in answering the question i was in new york a couple weeks ago at the javits center tooug a thousand people and asked the audience, how many have used chatgpt in the last two days half the room raises their hand. i said how many people used that instead of google. same half raised their hand. that's not a threat that is immovable by google but it is a threat they must deal with if they're going to maintain their dominant position at the top of the funnel for answering consumer questions they have to make sure they have something functionally equivalent or better than xaths or meta ai and i doubt they're going to be as dominant as that in search and t

mandeep: google is taking a different approach. that google cloud number, you also have workspace revenues. gcp revenue, the infrastructure part did quite well when you parse through the numbers. the other thing to consider is, microsoft is standardizing on openai. the entire thing is built around openai's large language model. google is saying we are not going to have openai, we will build our own models, but if you want to train your models, you can do it on our cloud. you have to ask or so what the world will be five years down the line? just two large language models or multiple? if it is multiple, google probably has the right approach here. guy: these are companies that are still throwing off enormous amounts of cash. in a world of huge uncertainty, 5% 10-years, in a world of geopolitical difficulties, is the safe haven narrative around these stocks still alive and well? ed: quickly on the micro, there was a question over the expanded role to be president, chief investment officer. when i asked about progress on the new cfo,

microsoft's show testifying against google. those details in tech neck next. >>> plus, thinking outside the box. e-commerce is essential to our economy but all that packages isn't environmentally friendly. we'll have a look and the kellogg cereal business recently renamed. we'll have more on that and on the downside discover is financial after agreeing with the fdic to approve consumer compliance. those shares are up 6%. to earn me more cash back in my top eligible category... suddenly life's feeling a little more automatic. like doors opening wherever i go... [sound of airplane overhead] even the ground is moving for me! y'all seeing this? wild! and i don't even have to activate anything. oooooohhh... automatic sashimi! earn cash back that automatically adjusts to how you spend with the citi custom cash® card. [mind blown explosion noise] >>> welcome back to "power lunch." microsoft show satya nadella testifying why it's so hard to compete against google. let's bring in our guests. eamon, can you update on what nadella said? >

everybody talks about the open web, but there is really only the google web.d of the rise of ai and online search, saying it could comment google's dominance in the industry saying, quote, i worry a lot even in spite of my enthusiasm there is a new angle with ai, worry this vicious cycle i'm trapped in could become more vicious. this trial is focussed on the power of google as default search engine on many phones and browsers around the world. we reached out to google. the comment on satya nadella's testimony, they did not have a comment. joining us now senior media analyst sara fisher. good morning. >> good morning. >> two things obviously satya nadella runs a huge competitor to google. i want to put that out there. it's just notable that microsoft is the one that faced all of this anti-trust scrutiny from the doj back when that was the biggest anti-trust case of this kind before now. what do you make of what he said and what it will mean for this suit? >> the big take away, poppy, is at the time that microsoft was facing a lawsuit from the doj the ecosystem

microsoft has an evntrenched led over google. >> i believe google will be the leader in search and microsofteader in the productivity tools. i don't think this so much compels switching as it locks customers in. >> we will see what happens a month from now. microsoft says sales won't kick in until later next year sdpyear. >> what did thewoman from lumen say about this? will she pay? >> it sounds like it. i asked her when it is generally available will you go from 300 to 30,000 employees? she said it depends. they have workers in the field fixing equipment and they don't need this as much as someone in the office. >> what about the guy who was in two places at once? >> this is happening through teams. let's say you have back-to-back meetings or late to a meeting. what copilot can do is -- >> double the number of meetings? >> you had overlapping meetings. >> i'm glad when i miss one. >> what if your boss asked what happened in the meeting that you missed. that guy was able to ask copilot what happened. >> that is a transcript or summary. it is a transcript or summary of the meeting, which is v

it's available on apple tv, google tv, fire tv and roku.t search abc7, bay area and download it now. we'll be right back ♪ california sky ♪ ♪ todos alcanzamos las estrellas ♪ ♪ sunny state of mind ♪ ♪ flexin' all the time ♪ ♪ todo es dorado ♪ ♪ y nos gusta picante ♪ ♪ cause this place is caliente ♪ ♪ 'tamos enchilado ♪ ♪ feels so golden ♪ ♪ livin' in the golden state with you ♪ ♪ feels so golden ♪ ♪ vive en el estado dorado oooh ♪ ♪ we got that drip, drip, drip ♪ ♪ come take a sip, sip, sip ♪ ♪ feels so golden ♪ ♪ vive en el estado dorado ♪ bay area world news tonight with david muir is next. and of course, you'll want to stay tuned for the 4:00 news when i'll be back. then thanks for joining us. have a great day. bye bye. >> whit: tonight breaking news as we come on the air. tonight here hamas now releasing a video, appearing to show one of their hostages, a 21-year-old, a young woman and her plea. the family giving permission for the world to see and what she

all of us in the technology industry admire google. made features and services that are unique, practical and of course very profitable for this company. almost two a year had passed since the establishment of facebook when i was hired. i was the revenue manager and i had to propose advertising models that would work. make money for facebook. maybe you thought that facebook is just a social network to communicate with others, but for us it was a platform to make money and we used it to make money. companies like facebook are among the richest and most successful companies in the world. they have relatively few employees. they only use computers to make money. but the very important question is, why? what do they pay these companies? i mean, what services do they provide that can earn money ? i have been investing in technology for 35 years. during the first 50 years in silicon, it only produced products. hardware and software and sold them to customers. a simple and good business , but for the past 10 years, the biggest silicon compani

i don't think google's story was as compelling there, but i am not as bearish on google cloud. there is so much cloud growth to come, and intelligence forecasts say cloud is where it is going to happen, and the war is on. ed: i spoke to ruth porat, the president, chief investment officer and cfo, and she gave me a short answer -- customer optimization accounted for that number. what does that mean for your mind? daniel: well, right now, as i suggested, the macro is still complicated and the businesses are weighing investing growth, maybe go a little bit slower. we know that the opportunity around ai is very bullish and companies see productivity gains and the opportunities to create efficiencies, but we are also hearing about companies laying people off, weighing how quickly can we make an investment in ai and see a return? are we looking to 10 productivity through the investment in these capabilities, or looking to optimize and reduce cost structures? until we see more stability in the macro environment, i think companies are going to be a little more cautious. this is where m

all of us who are in the technology industry admire google and google for its features and services that are uniquely useful and of course very profitable for us. this company has been almost two years since the founding of facebook i was hired as a manager. i was an income earner and i had to offer advertising models that could be income earners. maybe you thought that facebook is just a social network to communicate with others, but for us it was a platform to make money and we used it to make money . companies like facebook are among the richest and most successful companies in the world. they have relatively few employees. they only use computers to earn money, but the most important question is why do they give money to these companies, i.e. what services do they provide that can earn money? 35 i have been investing in technology for years. during the first 50 years, dry silicone only produced products . hardware, software and sold them to customers. a simple and good business, but for the past 10 years, the biggest silicon companies have been busy selling their own users. maybe it'

are we seeing google broken up?prised there's nor scrutiny and the company has gotten really big and starting to have a pervasive impact in society and going and will ftc effort around amazon and it was ironic to see microsoft testify i was part of -- depotsed as part of the microsoft -- deposed as part of the microsoft litigation and the government was trying to essentially keep them from doing some of the similar things that google is accused of doing and i'm on the side of the entrepreneur and not worried about big tech and they can protect themselves and i'm working for small tech and startup tech and opening the platforms including ai and new companies, entrepreneurs can compete and can't let ai become big tech getting bigger. liz: what's also ironic is satiana della said -- ai was the first and making it bigger and on top, they implemented ai and bing before google and now they're claiming that google's, i don't want to say leadership because those weren't his words, but google's stronghold in ai or growing ho

google says it runs on coffee. could sit down and enjoy a cup or a treat. >> we have a variety of options that are designed to be very approachable, something that you could come in and if you're a part of the community, this this could become your local everyday breakfast stop. or you could meet friends here for lunch. >> but perhaps the most important piece of the google visitor experience is their first west coast brick and mortar store. in this room, you could learn to use and try out the latest google products from the new phones to watches to earbuds to have this space s for people to explore and touch and feel. >> all of our latest products is super exciting. >> ivy ross is google's vice president for design ux and research for hardware. she had a large hand in creating everything in this room and says this full experience concept really sets this space apart from anything google has done before. >> i think it will be an amazing experience for people to understand what google makes. they'll be able to actual

t pass right now when i showed this example this is an example it wasn’t by chance that i went to googlethere it was just taken and stupidly moved here so it’s cleverly moved here well maybe maybe we’ll cleverly consider it so that it was purposefully done there it’s just that it’s already been written in google that it’s absolutely clear, i haven’t looked at how utkin is interpreted in google, it’s also interesting, but there this thing about hitler has been moved here, it’s not even written that this is the fifteenth chancellor in germany, and so on, right away, yes, there is further, it is true that this is the founder of national socialism, but nevertheless, nevertheless, that this is a war criminal and the biggest, largest miracle, i don’t take the ancient world, but in recent history, in history modern, this is the most, the bloodiest, at least a dictator, it’s not written, no, google according to utkin gives the russian military military russian you know yandex more advanced more russian yandex means that yes, the life-giving miracle of an israeli investor born in kazakhstan does

i call it google here just so you know. guy: we all call it google but they call it alphabet.x: just so you know. anyway, the tech names if they disappoint you have to buy on the dip? emily: yeah, again, we are seeing strength here. it is what do you want to own on a relative basis in economic contraction? our argument right now, you see this with the pmi data, the u.s. economy is holding up best across the globe. that is our view for a long time and it is increasingly evident with this emerging pmi data we saw this morning. ultimately the u.s. economy will buckle in the face of higher interest rates. we do that coming and going forward. so it is what do you want to own on a relative basis highly cyclical assets, or things that we with the economic cycle in the contraction, probably want to underweight those things. do you want to own things with great balance sheet, low interest burdens as we move into this contraction. they may not be completely insulated. in fact we think bonds are a bigger space in the portfolio here. but on a relative basis the mega cap tech names have th

google says it runs on coffee. could sit down and enjoy a cup or a treat. >> we have a variety of options that are designed to be very approachable, something that you could come in and if you're a part of the community, this this could become your local everyday breakfast stop or you could meet friends here for lunch. but perhaps the most important piece of the google visitor experience is their first west coast brick and mortar store. >> in this room you could learn to use and try out the latest google products from the new phones to watches to earbuds to have this space for people to explore and touch and feel. >> all of our latest products is super exciting. >> ivy ross is google's vice president for design, ux and research for hardware. she had a large hand in creating everything in this room and says this full experience concept really sets this space apart from anything google has done before. >> i think it will be an amazing experience for people to understand what google makes. they'll be able to actually

about this image from google may help quash some of that. this week on our nbc bay area podcast sand hill road, we talk to the head of tech stars, the largest pre- seed investor in the world. it's run by a very important person in the financial world who seriously used to be a birthday clown. >> your first job was organizing children's birthday parties in paris. >> yes. how do you know that? >> hey, i do my homework. >> you can find sand hill road, the podcast on apple podcast, google play, spotify, anywhere you find your podcasts. you can find me and the rest of our today in the bay team tomorrow starting at 5:00 a.m. on air and then watch our streaming show that begins at 7:00 a.m. >> scott, we will see you bright and early. >>> we have big giants news. they fired gabe kapler a few weeks ago, and now they've hired bob melvin. multiple sources are reporting that melvin is returning to the bay area. the 61-year-old melvin grew up on the peninsula, graduated from m.a. in the late '80s, he was a catcher for the giants. he's managed several tea

google says they saw customers optimize for spend aws could go either way.. >> we'll see what happens in a few hours. thanks deirdre bosa highlighting amazon tonight. we'll get ford and intel and chipotle. >> yeah. i just want to point out that apple is sort of breaking down right now which is not good for the overall market but below its late september lows, lower highs lower lows and doesn't report until next week which could be a catalyst >> nvidia too. almost a 3 handle which it hasn't had since the summer. to the judge and the half. >> appreciate it welcome to the "halftime report." i'm scott wapner, the good, bad, ugly of the market with the mega caps, economy and interest rates on the investment committee's mind joining me josh brown, shannon saccocia, bill baruch and jim lebenthal. a check of the markets where we have a little bit of a deterioration happening in the nasdaq as guys were just saying across the board, the russell is higher today, very much in focus on deals as well, that 5% level on the 10-year keep watching that josh, i go to you. it i

. >>> ever want to check out google hq? peeling back the curtain, letting us inside its headquarters. our business tech reporter got a firsthand look at today's opening of google's new visitor center. >> reporter: we have seen this before. the idea of a visitor center. google as the met for the first time on the west coast opening up a retail store and bridging the gap between those of us on the outside and those who want to come to google's campus and even do a little shopping. part of google's newest building is now open to the public. a walk around the tech giant is a real new visitor center starts with egos friendly plants, lots of panels. >> 40% of the energy we have in this building. >> reporter: and a statue of a bear made of 160,000 pennies . but this is a building and the company sparing no expense from the architecture to the cafeteria. >> to ars to reduce food waste. >> reporter: unlike employees here, you don't eat for free. you have to pay. >> we create beautiful visuals. >> reporter: something you might not ex

the largest search engine on the planet , google, spent 2021 alone. 26 billion dollars to remain the largest search engine. now this is absolutely official information, in the sense that this practice was not a secret before, but the exact amounts were never named, there were only guesses and approximate calculations based on financial statements published by companies, the exact figure was stated by google vice president prophar rakhavan, testify in court as part of the antitrust case claim. the us department of justice accuses search... of an illegal way to gain a dominant position in its main line of business, search itself. and one of the key points of the accusation is built around google’s practice of paying to be the default search in browsers on devices, and not so much on android smartphones, but on iphones. exactly what share of all payments for the purchase of traffic by google goes to cupertina during the current court hearing was not disclosed, but there are those same independent estimates. consulting bernstein company, which turned out

google, i just told you microsoft is spending $1.2 billion -- 11.2 billion on a.i., google is spending. so microsoft's the leader here. if you pull out the cloud underperformance, revenue did rise by # 11%. digital ad sales were strong especially on youtube. it was not a bad report card, it just didn't have the a.i. buzz that investors saw with microsoft. stuart: might expect to see a little dip buying when you're down 8% on a stock that the big. lauren: yep. stuart: you might expect it, it's not coming just yet with. lauren: what is the tone of tech today? alphabet's stock is up 67% this year. that pales in comparison to players like meta. so, yes, you buy the dip when it's only up 57% and yo it's getting an 8% haircut today. stuart: are you buying the dip? lauren: me? no. stuart: meta reports after the bell. what's expected? >> the the year year of efficiency. they are doing well, impressive considering all these regulatory headaches. i mean, look just yesterday multistate lawsuit accusing meta of designing products that are both with addictive and harmful to children. also we want t

staying with the tech giant, talking about google, alphabet.s done very well by diversifying their ecosystem. take us to their results. we think microsoft traditionally as a software company on our pcs but increasingly the bright spot for the companies has been on the cloud computing front. that's where results have done exceptional really well. there cloud developments didn't do as well as investors predicted. didn�*t do as well as investors predicted. meta— didn't do as well as investors predicted. meta— reporting quarterly results later on. when amazon reports, the giant in cloud computing then everyone will know what's going on the industry. on the front of ai, microsoft with its chat gpd and google following up with bard. . ~ ,, to the european union now where they are hosting world leaders at their first global gateway forum — the eu's answer to vast infrastructure investments like china's belt and road. launched two years ago the e300 billion euro investment fund is aimed at developing emerging economies. here's the european commission p

. -- than google.it is a misnomer to suggest that people search by choice. search happens by default, just like when you get up in the morning and brush her teeth. at this point, you search google, not the internet. apple in part has made that happen. apple has been the kingmaker. is a direct quote from his testimony, whomever they choose, apple, they king make. paul: google has become a verb, to your point. nadella has tried very hard to dethrone alphabet. but he is biased, right? vonnie: exactly. he has tried hard. we're learning more details about how hard he has tried and how many years he has tried. since 2014 when he was made ceo of microsoft, he has tried annually to make a contract with apple that will push google aside in terms of being a search engine on the iphone. he made an rose after apple got rid of google as the default search engine for siri, but kept the default search engine for safari and microsoft's effort to make being -- bing nowhere. he alleges apple got more money out of google

that -- not the ones that ai and google have had. google has one of these things.nt. the interesting thing will be to see if things are taken out of aws. that will help to answer your question. but there's a huge amount of concern about ai and what it does in general for the global economy. it is not papering over crack but filling them in. lisa: how much overlap is there with the competing clients for artificial intelligence services that are a broad reach. isn't there basically consolidation of market share and corporate that you can translate from one section of the business over to the other? alex: if i understand your question correctly i think ai will be touching everything. with all the companies that is the huge expectation for ai. the idea it is moving spending around may not be completely accurate. i think that if people want to find the savings and also the opportunities ai may offer they need to invest. that will be additional investment rather than reallocated investment. but with google, none of the reasons it is said to not do as good as expected bec